£150,000

Property for sale

  1.  144 East Reach, Taunton, Somerset Ta1 3Ht
  2.  144 East Reach, Taunton, Somerset Ta1 3Ht
  3.  144 East Reach, Taunton, Somerset Ta1 3Ht
Auction

From

£150,000

Property for sale

East Reach, Taunton TA1

Local area information

Property location

Nearby amenities

  • St George's Catholic School 0.2 miles
  • Holy Trinity Church of England Primary School 0.2 miles
  • Taunton 0.7 miles
  • Bridgwater 9.1 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Taunton to find out more about the local area.

Features and description

  • Freehold Shop and Residential Investment
  • Comprising a ground floor takeaway with a self-contained flat above
  • Town Centre location close to Dominos Pizza and other takeaway occupiers
  • Entirely let to Papa Johns on a lease expiring 2031
  • Future potential to sell off the residential element
  • Benefits from a secure yard to the rear
  • Current Rent Reserved £15,000 p.a. (reflecting 10.00% giy on Guide Price)
Strapline

Auction Sale - 17/06/2025

Prominent corner mixed-use investment entirely let to Papa John's on a lease expiring 2031. Future potential to sell off the self-contained flat above. Current Rent Reserved £15,000 p.a. (reflecting 10.00% giy on Guide Price)

Description

The property comprises a prominent corner building over ground and one upper floor. The property is arranged to provide a ground floor shop with a self-contained flat above.

The self-contained flat benefits from independant access from East Reach.

To the rear, the property benefits from a large secure yard to provide parking for 4 cars.

Location

Taunton, the county town of Somerset, is a major retail centre located 40 miles south-west of Bristol and 30 miles north-east of Exeter.

The property is situated on the south side of East Reach, at its junction with South Street.

Nearby occupiers include Nuffield Health, Dominos Pizza, Surma Tandori Indian Takeaway and Chinatown Takeaway amongst others.

Transport

Road - The A3038 provides access to the A38 and A358 which in turn links with the M5 motorway (J25) to the east of the town

Rail - Taunton Rail Station provides regular rail services to Exeter/Plymouth, Bristol and London

Tenancy

Let to Papa John's (gb) Limited on a full repairing and insuring(Fri) lease for a term of 15 years from September 2016 at £15,000 per annum.

Papa John's (gb) Limited·

D&B Rating - 4A 2

Turnover - £95,902,000·

Pre-tax profit - -£19,289,000·

Shareholders Funds - £18,175,000

(Source: Icans 29.05.2025)

Accommodation

Ground Floor - 92.10 sq m (991 sq ft)

First Floor (Residential) - 78.60 sq m (846 sq ft)

Total - 170.70 sq m (1,837 sq ft)

More information

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  1. Zoopla
  2. Commercial for sale
  3. Somerset
  4. Taunton
  5. East Reach